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  • The Nehru-Era Economic History and Thought & Their Lasting Impact

    India's economic model underwent transformational change following independence in 1947. The country's first Prime Minister, Jawaharlal Nehru, embarked upon two foundational projects to build modern India: a political project aimed at establishing democracy with universal suffrage, and an economic one aimed at ending poverty. Three-quarters of a century later, his political project is a resounding ... Leer más

    $44.99 USD

  • India's Trade Policy

    The 1990s and Beyond

    In 1991, India began the process of liberalizing the economy. But it has been gradual-even import licensing (on consumer goods) was not fully removed till 2001. Between 1991 and 2023, tariff liberalization was reversed twice-first between 1996-1997 to 1999-2000 and then from 2018-2019 onwards. Anti-dumping was also used extensively to exclude the imports of specific products from the most ... Leer más

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  • My Father

    The Extraordinary Life of an Ordinary Man

    In 1946, Baloo Lal Panagariya, then twenty-five years old, arrived in Jaipur to join the editorial staff of the newspaper Lokvani, devoted to exposing the excesses of the British and princely rulers of Rajputana. Though unremarkable in itself, the story behind this event is one of the triumph of human spirit over adversity.Baloo Lal was born in a remote village in Rajasthan, in a family that could ... Leer más

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  • An Economist's Quest For Reforms

    The Vajpayee and Singh Years

    In this volume, veteran economist Arvind Panagariya compares two Prime Ministers' approach towards economic reforms-Atal Bihari Vajpayee and Manmohan Singh. He shows how the Vajpayee government was almost relentless in pursuit of reforms and enacted them in all areas, save a few. In his opinion, along with Prime Minister P.V. Narasimha Rao, Vajpayee 'must be credited with laying the foundation of ... Leer más

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  • New India

    Reclaiming the Lost Glory

    With a GDP that just reached $2.6 trillion, India is poised to become the world's third largest economy in less than a decade. In doing so, it will have moved one step closer to reclaiming its pre-industrial glory when it accounted for one-sixth of the global output and ranked second in economic size. This rapid movement in the absolute size of the economy will be insufficient, however, to bring ... Leer más

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  • Free Trade and Prosperity

    How Openness Helps the Developing Countries Grow Richer and Combat Poverty

    Arguments for protection and against free trade have seen a revival in developed countries such as the United States and Great Britain as well as developing countries such as India. Given the clear benefits trade openness has brought everywhere, this is a surprising development. The benefits of free trade are especially great for emerging market economies. Free Trade and Prosperity offers the ... Leer más

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  • India

    The Emerging Giant

    India is not only the world's largest and fiercely independent democracy, but also an emerging economic giant. But to date there has been no comprehensive account of India's remarkable growth or the role policy has played in fueling this expansion. India: The Emerging Giant fills this gap, shedding light on one of the most successful experiments in economic development in modern history. Why did ... Leer más

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  • Why Growth Matters

    How Economic Growth in India Reduced Poverty and the Lessons for Other Developing Countries

    In its history since Independence, India has seen widely different economic experiments: from Jawharlal Nehru's pragmatism to the rigid state socialism of Indira Gandhi to the brisk liberalization of the 1990s. So which strategy best addresses India's, and by extension the world's, greatest moral challenge: lifting a great number of extremely poor people out of poverty?Bhagwati and Panagariya ... Leer más

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  • The World Trade System

    Trends and Challenges

    Leading trade esperts examine the world trading system today, from the multilateralism of the WTO to explosive bilateralism and the mega-regionals TPP and TTIP.When the General Agreement on Tariffs and Trade (GATT) metamorphosed into the World Trade Organization (WTO) in 1994, it seemed that the third pillar of the international economic superstructure was finally in place. And yet with the ... Leer más

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  • The Making of Miracles in Indian States

    Andhra Pradesh, Bihar, and Gujarat

    Series series Studies in Indian Economic Policies
    Growth miracles typically have been studied at the country level. In The Making of Miracles in Indian States, internationally-renowned economists Arvind Panagariya and M. Govinda Rao bring together a team of six leading scholars to break from that tradition and study three growth miracles in India at the level of the state: Andhra Pradesh, Bihar, and Gujarat. These are three large and diverse ... Leer más

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  • Reforms and Economic Transformation in India

    Series series Studies in Indian Economic Policies
    Reforms and Economic Transformation in India is the second volume in the series Studies in Indian Economic Policies. The first volume, India's Reforms: How They Produced Inclusive Growth (OUP, 2012), systematically demonstrated that reforms-led growth in India led to reduced poverty among all social groups. They also led to shifts in attitudes whereby citizens overwhelmingly acknowledge the ... Leer más

    $71.99 USD

  • Trade, Globalization and Poverty

    Series series Routledge Studies in International Business and the World Economy
    An outstanding work, written to celebrate the seventieth birthday of Jagdish Bhagwati; the foremost defender of free trade and its role in developing economies in the world today, this rigorously academic and critical volume represents an important contribution to the understanding of many aspects of globalization. The editors, affiliated with four ... Leer más

    $70.99 USD